March 15 2023 🕓 3 min
AUD/USD fails at critical resistance
It looks like the recent optimism is over, pushing the AUD down from the critical resistance.
Tag: forex
March 14 2023 🕓 3 min
GBP/USD corrects yesterday’s gains, awaits US CPI
Today's US inflation data could pave the way for future rate cuts by the Fed.
March 14 2023 🕓 3 min
Banks dictate the market – is everything lost?
The banking sector sparked a volatile week as Fed is trying to bail out the crash. Safe havens are back on the menu.
March 9 2023 🕓 3 min
Markets are awaiting NFP data – will it make or break the week?
Traders' sanity hangs by a thread as the Friday's NFP jobs data will reveal what could come next in regards to hikes.
March 9 2023 🕓 3 min
EUR/USD pops as investors take profits after greenback’s rally
The greenback could come under selling pressure as bulls have been unable to achieve any progress in the chart.
March 8 2023 🕓 3 min
More Fed fears are fueling increased volatility
Fed char Powell keeps traders on the edge as rates might be hiked more rapidly again. Next stop, NFP data on Friday.
March 8 2023 🕓 3 min
GBP/USD drops below key support, touches 3-mth lows
The greenback might continue moving higher as Tuesday's Powell speech killed pivot hopes.
March 7 2023 🕓 3 min
Hawkish Powell destroys hopes for a green day
The hawks of the Fed prevailed and hunted down Wall Street, putting an end to a positive week.
March 7 2023 🕓 3 min
AUD/USD drops to 3-mth lows after RBA hike, Chinese data
The Australian dollar declined today as the rate hiking cycle could be over soon in Australia.
March 6 2023 🕓 3 min
The markets reflect anticipation of a big data week
Traders are on their feet at the start of a mega data driven week. This has not been in favor of the US dollar so far.
March 6 2023 🕓 3 min
Is the dollar index set to reverse lower?
Volatility could be lower today due to the lack of major economic releases.
March 3 2023 🕓 3 min
A green week for the markets – dollar retreats
Stocks and commodities prevail as market sentiment seems to be shifting. The week finally ended green for the markets.